News

Reflecting on the financial year, Managing Director Leon Sander commented: “In 2024, 029 Group SE demonstrated the resilience and adaptability of its investment platform. Despite a volatile ...
EQS-News: The Platform Group AG / Key word (s): Investment/Takeover The Platform Group AG: Acquisition of luxury platform Joli Closet, Paris 25.04.2025 / 11:00 CET/CEST The issuer is solely ...
Gucci sales tumbled 25% in the first quarter compared to the same period last year, signaling challenges for parent company Kering’s attempts to revive its biggest brand.
Kering’s pricing power is strong, resulting in gross margins at the higher end of the peer range (mid-70% reported and in the 80% range, channel-adjusted). Absolute pricing of Gucci’s handbags is in ...
PARIS (Reuters) - Shares of Kering dropped 5.42% at market open on Thursday, after the company reported first-quarter sales ...
Gucci’s 25% sales drop in Q1 adds pressure on Kering to revive its top brand as luxury demand softens and U.S. tariffs weigh ...
Located near the downtown area along Montauk Highway, the 43-unit luxury hotel, with rooms starting at $500 a night, is set ...
Toyota’s luxury label reimagines and redesigns its best-selling sedan for the electrified era.
In a dramatic unveiling, musician Justin Bieber has cut ties with his old clothing brand, Drew House, to begin a brand new ...
When my toddler’s day care started turning parents away at the door due to staffing shortages, I learned it was owned by private equity — which maximizes enrollment to squeeze profit out of childcare ...